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For all of the talk about Mexico being in shambles, the national bourse sure could look a lot worse than it currently does. Note how much more orderly the monthly chart appears compared to other countries, even America. A simply retest of the breakout point from 2007 and 2010, for now, with 32,000 the area to watch for support. The corresponding ETF for Mexico is EWW. Also note the strong performances over the past year by Mexican firms FMX and KOF.
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Ay, caramba.